POLISH FINANCIAL SUPERVISION AUTHORITY | |||||||||||
UNI - EN REPORT No | 16 | / | 2021 | ||||||||
Date of issue: | 2021-06-23 | ||||||||||
Short name of the issuer | |||||||||||
PLAZA CENTERS N.V. | |||||||||||
Subject | |||||||||||
Trading Halt Notice | |||||||||||
Official market - legal basis | |||||||||||
Unofficial market - legal basis | |||||||||||
Contents of the report: | |||||||||||
Plaza Centers N.V. (“Plaza” or the “Company”) announces today that as a consequence of Euroclear UK & Ireland Limited’s (“EUI”) recognition as a third country central securities depository by European Securities and Market Authority expiring on 30 June 2021 (as a result of Brexit), EUI will be unable to provide relevant services in respect of Plaza’s depositary interests that settle within the CREST system. EUI will therefore suspend and withdraw all Plaza’s depositary interests from the CREST system on 30 June 2021. To facilitate Plaza’s shares to continue to be represented in the CREST system by way of depositary interests, Plaza is in the process of agreeing certain operational amendments to the trust deed poll relating to the depositary interests; and it is also in advanced negotiations with an EU authorised central security depositary who will be able to provide the relevant services to Plaza. Certain amendments to the Company’s articles of association required to facilitate these new arrangements have been tabled for shareholder approval at the shareholders meeting to be held on 30 June 2021. As the necessary arrangements are still in the process of being put in place and with EUIs recognition as a third country central securities depository by ESMA expiring on 30 June 2021, trading in the Company’s shares will be halted on the London Stock Exchange and the Tel Aviv Stock Exchange on 25 June 2021 from close of trading and has applied for suspension of trading of its shares on the Warsaw Stock Exchange effective from close of trading on 25 June 2021. The trading halt will remain in place until Plaza has finalised its proposed solution, which the Company is aiming to have in place by the end of July 2021. Plaza will provide updates in due course in connection with its proposed solution and will confirm when trading of its shares on the respective markets will resume. This trading halt does not impact the trading of Plaza’s bonds listed on the Tel Aviv Stock Exchange. For further details, please contact: Plaza Ran Yaacovs, CFO 972-546-303-006 Notes to Editors Plaza Centers N.V. (www.plazacenters.com) is listed on the Main Board of the London Stock Exchange, and, on the Warsaw Stock Exchange (LSE: “PLAZ”, WSE: “PLZ/PLAZACNTR”) and, on the Tel Aviv Stock Exchange(”PLAZ”). | |||||||||||
Annexes | |||||||||||
File | Description | ||||||||||
Plaza_pr_Halt_Trading_Announcement_isa.pdf |
PLAZA CENTERS N.V. | |||||||||||||
(fullname of the issuer) | |||||||||||||
PLAZA CENTERS N.V. | Budownictwo (bud) | ||||||||||||
(short name of the issuer) | (sector according to clasification of the WSE in Warsow) | ||||||||||||
1012 AC | Amsterdam | ||||||||||||
(post code) | (city) | ||||||||||||
Prins Hendrikkade | 48-2 | ||||||||||||
(street) | (number) | ||||||||||||
(phone number) | (fax) | ||||||||||||
(e-mail) | (web site) | ||||||||||||
(NIP) | (REGON) |
SIGNATURE OF PERSONS REPRESENTING THE COMPANY | |||||
Date | Name | Position / Function | Signature | ||
2021-06-23 | Ran Yaacovs | CFO |